Whit almost a 60% drop the past month and making a nice support ! If it can continue bouncing off the support , we will get a major move upwards ! It seems to make an double bottom on the support, and we know what happens next ! :D
FOLLOW AND LIKE FOR MORE !
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ELF has produced an ascending scallop, if handle forms this is a great buy zone for a second possible ascending scallop, in market conditions such as these.
The priceline of aelf (ELF) / Bitcoin cryptocurrency has completed the formation of shark pattern and entered in potential reversal zone.
The stochastic is already oversold.
We have pivot 1st support just beneath the PRZ area which will push the price action back to hit the sell targets insha Allah.
I have defined below sell targets using Fibonacci sequence:
Buy...
Trading Signal - BUY
My buy price - 2428
My (Trailing) Profit Take - 2750 Activated (2% Trail deviation)
My Stop Loss - 2381
For both my Profit / Stop I use a so called Trailing Profit Take or Trailing Stop Loss to Maximize my ROI!
This is made possible by 3Commas.io A very easy to use solution for automated trading.
If you want to contribute please...
